$PEPE
๐ Chart Pattern:
A descending triangle is forming, with strong horizontal support near 0.00000968 and a downward-sloping resistance.
Price is approaching the apex of the triangle โ breakout likely soon.
MACD is flattening (could cross bullish).
RSI is at 56.08 โ neutral to slightly bullish.
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๐ข Potential Long (Buy) Setup:
โ Entry:
Aggressive Entry: On breakout above 0.00000980 with volume confirmation.
Conservative Entry: Above 0.00000987 (24h high breakout for safer confirmation).
๐ฏ Take-Profit Targets:
TP1: 0.00001000 (psychological + resistance zone)
TP2: 0.00001050 (next strong supply zone)
TP3: 0.00001100 (upper resistance from previous rally)
๐ Stop-Loss:
Place below triangle support: 0.00000960
For tighter SL, use: 0.00000968 (below last swing low)
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๐ด Alternative Short (Sell) Setup (If Breakdown Happens):
โ Entry:
If breakdown happens below 0.00000960 with volume.
๐ฏ Take-Profit Targets:
TP1: 0.00000930 (next demand area)
TP2: 0.00000900
๐ Stop-Loss:
0.00000975 (back inside triangle)
